Raptis Group Ltd. has acquired the management rights for two apartment towers, as well as a development management agreement, located in two of the Gold Coast's premier beachfront suburbs. The management rights cover The Gallery Residences in Broadbeach - a newly completed and sold-out luxury high rise tower comprising owner-occupied apartments, as well as long and short-term rentals - and the under-construction Pearl tower at Main Beach. The resolutions allow for the rights, and accompanying assets of the two towers, to be purchased for $2,813,218.